By Kyle Brasseur2023-08-11T18:03:00
The Public Company Accounting Oversight Board (PCAOB) continued its crackdown on reporting requirement violations with penalties against three audit firms, including a BDO affiliate.
BDO Taiwan was fined $35,000, while Jendrach Accounting and Professional Services and Brazil-based Moore MSLL Lima Lucchesi Auditores e Contadores were each assessed $25,000 penalties, the PCAOB announced Friday. Each firm agreed to be censured in reaching settlement.
The PCAOB accused BDO and Jendrach of failing to timely disclose their respective roles regarding audits of issuers or broker-dealers on the required annual form. BDO was faulted for not reporting its apparent work at China United Insurance Service, while Jendrach similarly did not disclose it issued an audit report for broker-dealer GM Securities.
2023-11-15T22:18:00Z By Kyle Brasseur
The Japanese affiliate of Big Four audit firm KPMG was assessed a $500,000 penalty by the Public Company Accounting Oversight Board for quality control deficiencies regarding journal entry testing.
2023-08-30T14:03:00Z By Kyle Brasseur
Accounting firm Warren Averett agreed to pay a penalty of $200,000 in resolving the first case brought by the Public Company Accounting Oversight Board regarding auditor independence violations related to a firm’s membership in an accounting alliance.
2023-08-18T18:41:00Z By Jeff Dale
The Public Company Accounting Oversight Board fined Colorado-based audit firm AJ Robbins CPA and its founding partner a total of $150,000 for alleged professional skepticism failures and improperly altering audit documentation.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
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